Originally Posted by
optimensch
"Has our industry hit rock bottom yet? Where will it go from here? What would you say is the main culprit of today's woes? Is it fixable?"
1- No
2- downsizing of remaining independents and further growth of chains buying up older established shops. Eventually the 'independent' chains will be bought by larger multinationals, lux? Hal group? E? Consumers will increasingly buy online, contacts and frames , sunglasses.
3- Internet as a delivery system is a massive disrupter. Luxottica. Essilor. Free form nonsense hype. Warby Parker, Costco, clearly contacts, artificially low interest rates, high taxes, municipal corruption in Quebec, fiat money, central banks, increasing poverty, energy costs, amazon, eBay, luxottica, inflation, competition, deregulation for Internet suppliers and more regulation of b/m professionals, bc, LASIK, multifocal IOLS, surgical reversal of presbyopia, condo glut, Ciba, J & J, Revenue Quebec, CRA, Apple, Samsung, gravity, religion, cancer, Xbox, Monsanto, immigration control, homeland security, government spying, corporate spying, big data, algorithms, day traders, naked short sellers, too big to fail banks, real estate agents, luxottica, essilor, Facebook, twitter, google, Islamic radicalism, sushi, over fishing, MBA schools, lawyers, accountants, zombies, hpv, weather, Alzheimer's, dark energy, CRTC, Jeffrey Loria, Canadian Senate, Canadian bacon, Tim hortons, vision expo west, vision expo east, hot pockets.
4-the fix is in.
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